High-Yield Indenture: Limitation on Indebtedness Covenant | Practical Law

High-Yield Indenture: Limitation on Indebtedness Covenant | Practical Law

Standard limitation on indebtedness covenant, which may be inserted into an indenture governing high-yield debt securities. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.

High-Yield Indenture: Limitation on Indebtedness Covenant

Practical Law Standard Clauses 2-386-4188 (Approx. 17 pages)

High-Yield Indenture: Limitation on Indebtedness Covenant

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
Standard limitation on indebtedness covenant, which may be inserted into an indenture governing high-yield debt securities. These Standard Clauses have integrated notes with important explanations and drafting and negotiating tips.